Alabama § 19-3A-505 - Income Taxes.
Full text of Alabama Code of Alabama § 19-3A-505 — Income Taxes., with citation guidance and answers to common questions.
§ 19-3A-505. Income Taxes.
(a) A tax required to be paid by a fiduciary based on receipts allocated to income shall be paid from income.
(b) A tax required to be paid by a fiduciary based on receipts allocated to principal shall be paid from principal, even if the tax is called an income tax by the taxing authority.
(c) A tax required to be paid by a fiduciary on the trust’s share of an entity’s taxable income shall be paid as follows:
(1) From income to the extent that receipts from the entity are allocated only to income;
(2) From principal to the extent that receipts from the entity are allocated only to principal;
(3) Proportionately from principal and income to the extent that receipts from the entity are allocated to both income and principal; and
(4) From principal to the extent that the tax exceeds the total receipts from the entity.
(d) After applying subsections (a) through (c), the fiduciary shall adjust income or principal receipts to the extent that the trust’s taxes are reduced because the trust receives a deduction for payments made to a beneficiary.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 19-3A-505
What does Code of Alabama § 19-3A-505 cover?
Section 19-3A-505 ("Income Taxes.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 19-3A-505?
A common citation format is "Code of Alabama § 19-3A-505" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 19-3A-505 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.